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Chapter 8. Economic Growth, I Link to syllabussyllabus.

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Chapter 8. Economic Growth, I Link to syllabus
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Page 1: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Chapter 8. Economic Growth, I

Link to syllabus

Page 2: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Table 8-1, p. 207.

Page 3: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Fig. 8-1, p. 208. The Production Function

Page 4: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Fig. 8-2, p. 209. Output, Consumption and Investment

Page 5: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Robert Solow

Born 1924, in Brooklyn N.Y.

Harvard B.A. and Ph.D.Taught at MITWinner John Bates Clark award, 1961Nobel Prize 1987

Most renowned for his work on economic growth, and linear programming.He also served on the Fed, the CEA. Was in the army in WWII.

"Everything reminds Milton Friedman of the money supply. Everything reminds me of sex, but I try to keep it out of my papers."

Page 6: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Fig. 8-3, p. 210. Depreciation.

Page 7: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Fig. 8-4, p. 211. Investment, Depreciation and the Steady State.

Page 8: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Table 8-2, page 213.

Page 9: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Fig.8-5, p. 214 An Increase in the Savings Rate

Page 10: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Fig. 8-6 p. 216. International Evidence

Page 11: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Fig.8-7, p. 218. Steady State Consumption

Page 12: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Fig. 8-8, p. 220. The Saving Rate and the Golden Rule

Page 13: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Table 8-3. P. 221

Page 14: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Fig. 8-9, p. 223. Reducing Saving when Starting with More Capital than the Gold Rule Allows.

Page 15: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Fig. 8-10, p. 224. Increasing Saving when Starting with Less Capital than the Gold Rule Allows.

Page 16: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Fig. 8-11, p. 226. Population Growth in the Solow Model

Page 17: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Fig.8-12, p. 227. The Impact of Population Growth.

Page 18: Chapter 8. Economic Growth, I Link to syllabussyllabus.

Fig. 8-13, p. 228. Evidence on the Impact of Population Growth and Income/Person


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